economic dollar collapse

How do you fix a superpower with exploding levels of debt, that has a rapidly aging population, that consumes far more wealth than it produces, and that has scores of zombie banks that could collapse at any moment?
Big economic news is about to start coming out of Europe, and it won’t be good.
In 2014, we have been experiencing “the calm before the storm”.
But 2015 is right around the corner, and it promises to be extremely “interesting”.

paper gold

A few months ago the comex had 303 tonnes of total gold. Today the total inventory rests at 255.02 tonnes for a loss of 48 tonnes over that period. .
Furthermore, there is now evidence
of paper settling on the COMEX!
Let’s head immediately to see the major data points for today:


Following another few weeks of cascading metals and mining equity prices, Michael Kosowan, Investment Executive and Investment Advisor with Sprott Global Resource Investments and Sprott Private Wealth, was kind enough to share a few comments.
Speaking towards to the psychological challenge resource investors face in this market, Michael noted, “It’s uncomfortable swimming against the tides of uncertainty throughout these markets and the volatility that we experience…the sentiment is just abysmal…[But] therein lies the opportunity.
Reflecting on the 2000 bottom in natural resources, Michael commented that he witnessed many juniors selling For less than the cash they were holding.   Meanwhile, you were getting the mineral upside, or the mineral potential they contained—for free.” The subsequent recovery produced momentum of 10x and 12x moves on a few of [the] larger caps names,” he further added.


Americans spoke loudly and clearly at the polls this past week, repudiating Obama’s and the Democrats’ failed big-government policies.
This huge Republican victory has serious implications for the Fed and US stock markets Republican lawmakers have long opposed this easy Fed, and they will put great pressure on it to normalize its balance sheet and interest rates. 
This is an ominous omen for these Fed-inflated stock markets.


Americans now buy nearly five times as much stuff from the Chinese as they buy from us. 
According to government numbers that were just released, we imported 44.9 billion dollars worth of goods from China in September but we only exported 9.3 billion dollars of goods to the Chinese.
China is literally wiping the floor with us on the global economic stage and most Americans don’t even understand what is happening.


Naturally, a man that utters truth to power and who also has a considerable following would not appeal to the thug in charge of the FBI at the time, J. Edgar Hoover.   So what did Mr. Hoover do?  He sent a letter to Dr. King, pretending to be a black person and implied that he should kill himself.   None of this is news, but until the New York Times released it yesterday, copies of this letter had always been partly redacted.
We now have the uncensored version.
Here it is:

China gold

In this MUST LISTEN interview, Hat Trick Letter Editor Jim Willie discusses the coming COMPLETE COLLAPSE of the US economy, & whether the Federal Reserve intends to buy up assets for pennies on the dollar in the aftermath of the collapse.
Willie also discusses’ China’s recent acquisition of JPM’s HQ at 1 Chase Manhattan Plaza, along with the world’s largest gold vault.
Did China make a move to secure physical gold assets in default by the banksters from a 4,000 ton gold lease?
Willie states that the Chinese have become the majority controlling interest in the Federal Reserve as well as major US cities such as San Francisco and NYC, and that China is currently overseeing the controlled demolition of the US Dollar!
Willie’s full SHOCKING interview claiming the Chinese now hold a controlling interest in the Federal Reserve is below: 


The 6th month GOFO rate has entered backwardation
The backwardation in gold is incompatible with the raid on gold .   It does not make any economic sense.
Lets head immediately to see what the data has in store for us today: 

NSA Brazil cable

Is this what they mean when they say ‘net neutrality’?  From Brazil’s rejection of American IT products – estimated that American firms will lose out on over $35 billion in revenue over the next two years – to this week’s announcement that it will be building a 3,500-mile fiber-optic cable to Portugal in order to avoid the grip of the NSA, it appears the Red, White, and Blue Scare has now replaced the Red Scare of the Cold War era.
Just imagine—if Brazil is building its own fiber optic cable to avoid the NSA, it stands to reason that they would create their own alternatives in the financial system to directly compete with the IMF and the US dollar.
Oh wait, they’re already doing that too.


A SHOCKING video clip has just emerged of MIT economics professor, and the architect of Obamacare, Jonathan Gruber, admitting that the Obamacare legislation was intentionally complex and misleading in order to pass Congress and elicit limited outrage from the “stupid” American public.
Full MUST WATCH clip of Obamacare architect is below: 


Americans’ funds are being increasingly trapped in a system where you have almost zero good options.
Bank deposits guarantee that you’ll lose money when adjusted for inflation. Stock and bond markets are at all-time high nosebleed levels. Many banks are still under-capitalized. The government is able to confiscate your assets with a few mouse clicks. And the dollar remains in precarious condition.
Yet if you try to move your money abroad to greener pastures, you’ll find far fewer options available than ever before.
In this way, whether intentionally or not, they have encircled your savings with a sort of financial Berlin Wall.

big reset

Many of you have are aware of the incredibly fragility in the world financial system.  Most have seen it coming for some time.   Many of you saw it all coming before the great crisis of 2007-2008.   Some of you saw it before the “Dotcom” crash. Perhaps a few of you saw it all before the Savings and Loan crisis. Very few remember the Penn Railroad bailout, and the lead-up to the end of Breton Woods. And yet, with in each cycle, we have yet to see a scorched earth clearing. An actual deflation leading to the end of the dollar.


Since Japan’s December 2012 turn to “Abenomics”, Gold and the Yen have moved tick for tick. 
The more Yen Japan prints, the farther the price of gold fallsahhhh the irony that gold, the finite measuring stick of infinite currencies, seems now only to be measuring the depths TPTB will go to hide currencies relative worth!
Note in the chart below the relatively mild dollar movement vs. the strong correlation of gold vs. the Yen…particularly gaining strength since the onset of “Abenomics” in late 2012:

Indian gold

Take a look at the HUI/gold ratio chart below in the year 2000 – 2001 period.
While gold went nowhere, gold stocks surged from late November in the year 2000, until the spring of 2001.
I think a similar situation is on the horizon now.
Is the Western gold community prepared to profit, if it happens? I hope so!
Gold, not stock market casino chips, will be where India puts their growing riches, and rightly so!
With Indian gold demand potentially moving into “
overdrive” mode, most gold stocks appear ready to have a great year in 2015!


The bankers came to work early yesterday in the access market knocking both metals down.
However throughout the night, gold rose nicely and then at 12 noon today, something spooked our bankers as gold rose to $1165 only to be repelled back to $1163.00 on closing.  However late in the access market, gold again rose to $1173 upon which it was easy for our bankers to offer naked contracts and lower the price to $1164.00 at access closing time.  Something is spooking our bankers!!
Let’s head immediately to see the major data points for today:


The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking.
If we go back and look at the numbers in the fall of 2007, we find that the Dow set an all-time high in October, margin debt on Wall Street had spiked to record levels, the unemployment rate was below 5 percent and Americans were getting ready to spend a record amount of money that Christmas season.

But then the very next year the worst economic crisis since the Great Depression shook the entire planet and everyone wondered why most people never saw it coming.  Well, now a similar pattern is unfolding right before our eyes.
Once this false bubble of hope runs out, all of our lives are going to dramatically change.


The amount of leverage in the U.S. Dollar fiat currency system reached an all time high in 2013.  Even though the growth in total U.S. currency more than doubled since the collapse of the Housing and Investment banking system in 2008, the majority of the increase was from just one bill in particular.
U.S. Department of Engraving and Printing issued more $100 Federal Reserve Notes in 2013, than in any year prior.
The total face value of the $100 bills printed in 2013 were $443 billion, the cost was just a mere $580 million… basically one-tenth of a percent of the cost of the face value.
If we extrapolate this further, at the current price of gold (including Friday’s HUGE MOVE UP) of $1,170 an ounce, it would take twelve $100 bills to purchase an ounce of gold…. with a little change left over.
However, if we compare the costs below, we can see owning PHYSICAL GOLD is a much better and safer deal when the Fiat Monetary FAN finally hits the COW EXCREMENT:

big reset

I believe what is coming is far bigger than a mere significant economic collapse.
I believe the coming financial collapse will be a worldwide economic collapse, and the institution of a one world government with a one world currency, in the 6-9 months following these events.

It’s happening. With increasing speed and frequency.
The People’s Bank of China and the Canadian Prime Minister’s office issued a statement on Saturday stating that Canada will establish North America’s first offshore renminbi trading center in Toronto.

banker treason

“The SEC established by the Federal Securities Act is a device for tightening the monopoly of industries by control of financing. Its power to block new financing is absolute. But it offers stockholders absolutely no protection. Numerous securities that have been passed on by the SEC and marketed, have been wiped out within a period of one or two years.  On the other hand numerous worthwhile and essential enterprises have been barred from financing. Its effect on the mining industry has been devastating; and as a consequence the U.S. is becoming constantly less self sufficient in strategic minerals and metals.
The SEC was never intended to serve the interests of the investor, but was planned to foster the purposes of the monopolies.”
“WE ARE VERY PARTICULAR AS TO WHO WE LET IN” —“The Pilgrims of the United States” (2003, page 37, document dated 1919).